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PT Jasa Marga (Persero) Tbk (ISX:JSMR) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Chart

PT Jasa Marga (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PT Jasa Marga (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

PT Jasa Marga (Persero) Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Jasa Marga (Persero) Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-48.741/130.6070*130.6070
=-48.741

Current CPI (Mar. 2024) = 130.6070.

PT Jasa Marga (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 10.441 93.015 14.661
201409 -73.754 94.576 -101.852
201412 -169.225 98.819 -223.660
201503 -8.299 98.388 -11.017
201506 -0.287 99.766 -0.376
201509 -51.368 101.037 -66.402
201512 -208.149 102.133 -266.180
201603 -19.092 102.764 -24.265
201606 -116.618 103.212 -147.571
201609 -292.094 104.142 -366.321
201612 -115.550 105.222 -143.427
201703 -143.247 106.476 -175.712
201706 -414.962 107.722 -503.121
201709 -32.916 108.020 -39.799
201712 -356.103 109.017 -426.627
201803 -175.191 110.097 -207.828
201806 -409.351 111.085 -481.291
201809 -147.039 111.135 -172.803
201812 -1,137.292 112.430 -1,321.164
201903 -278.337 112.829 -322.195
201906 -181.312 114.730 -206.403
201909 -487.161 114.905 -553.734
201912 -506.098 115.486 -572.364
202003 -1,880.840 116.252 -2,113.084
202006 -248.865 116.630 -278.690
202009 93.114 116.397 104.482
202012 -679.096 117.318 -756.019
202103 -176.743 117.840 -195.892
202106 122.495 118.184 135.371
202109 2.244 118.262 2.478
202112 35.711 119.516 39.025
202203 90.974 120.948 98.239
202206 139.347 123.322 147.578
202209 -67.817 125.298 -70.690
202212 -225.969 126.098 -234.050
202303 93.045 126.953 95.723
202306 -200.359 127.663 -204.980
202309 -102.209 128.151 -104.167
202312 -13.313 129.395 -13.438
202403 -48.741 130.607 -48.741

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PT Jasa Marga (Persero) Tbk  (ISX:JSMR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Jasa Marga (Persero) Tbk (ISX:JSMR) Business Description

Traded in Other Exchanges
Address
Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (ISX:JSMR) Headlines

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